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Member since Sep 09, 2009, follows 0 people, 1 public groups, 88 public bookmarks (101 total).
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- Buzz Out Loud Podcast 1114: Dorks will break your heart | CNET Blogs on 2009-11-28
- Autonomous Helicopter: Stanford University AI Lab on 2009-11-28
- YouTube- Insane RC helicopter on 2009-11-28
- Futures in Biotech 46: Towards Computers That Think on 2009-11-28
- Futures in Biotech 45: How To Make A Mouse on 2009-11-28
- This Week In Google 9: Gina As In Subpoena on 2009-11-28
- This WEEK in LAW 30 - Bright Lines And Blurry on 2009-11-28
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What Are Simple Interest Mortgages? on 2009-11-14
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The major difference between a standard mortgage and a simple interest
mortgage is that interest is calculated monthly on the first and daily
on the second. -
The $16.44 is recorded in a special accrual account, which increases by
that amount every day. No interest accrues on this account, which is why
it is called "simple interest"
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What Is a HELOC? on 2009-11-14
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interest on a
HELOC is calculated daily rather than monthly. On a 6% HELOC, interest
for a day is .06 divided by 365 or .000164, which is multiplied by the
average daily balance during the month.
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HELOC - Home Equity Line of Credit on 2009-11-14
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depending on the HELOC the lender might require repayment of the loan in full, which means that the homeowner has to refinance at that time. The second option is entering the HELOC “repayment” period,
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be aware that HELOC charge yearly fee
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Biking fiends
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